Cross-lease titles in Kaikohe
LINZ records 110 cross-lease titles in Kaikohe, 4.3% of its 2,574 live titles: well above Far North District as a whole (2.2%) and well below New Zealand (8.7%).
- Cross-lease titles
- 110
- Share of live titles
- 4.3%
- Far North District share
- 2.2%
- New Zealand share
- 8.7%
- Rank by share in Far North District, among suburbs with 50+ cross-lease titles
- 2 of 4
By share it is 2nd highest of 4 in Far North District, among suburbs with 50 or more cross-lease titles; across New Zealand it is in the bottom quarter of the 559 such suburbs.
How the cross-leases in Kaikohe are set up
Fewer leases include a garage (6% of schemes, against 28% nationally).
Fewer schemes have four or more flats on one section (4%, against 11% nationally).
Carports appear in fewer leases (6% of schemes, against 13% nationally).
| Scheme structure | Kaikohe | Far North District | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 50 | 428 | 87,651 |
| Two-flat schemes | 82.0% | 73.4% | 76.2% |
| Three-flat schemes | 14.0% | 10.7% | 12.2% |
| Four or more flats | 4.0% | 15.2% | 11.4% |
| Typical section size (from the titles, not a survey) | 966 m² | 1,018 m² | 908 m² |
| Typical land per flat | 446 m² | 454 m² | 408 m² |
| Schemes with a garage written into a lease | 6.0% | 13.6% | 28.4% |
| Schemes with a carport in a lease | 6.0% | 6.1% | 13.3% |
| Schemes with a separate exclusive-use area | 0.0% | 3.3% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 18.0% | 25.5% | 35.6% |
| Median year of earliest current title | 1986 | 1991 | 1988 |
| Two-flat schemes on 700 m² or more | 41 | 293 | 54,978 |